Connecticut western news., 1887-04-27
THE WESTERN BOOM.
St. Joseph, Mo-, Still Lea ding All ompeti- tors in Real Estate Deals and the AcQui-

St. Joseph, Mo-, Still Leading All COmpetf-
 tors in Real Estate Deals and the AcQui-
 sition of Substantial Enterprises.
 The most noticeable real estate activity continues to prevail at St. Joseph, Mo-, says correspondent of an Eastern paper. Packing houses and other industrial en- terprises, among them the Louisiana To bacco Works, are going in at lively rate; one of thel chief evidences of the growth of the city being the granting of franchise to a syndicate of Kansas City capitalists for the construction of an ex- tensive system of cable lines, to be com menced at once, and to cost $3O0,O00. The best evidence, however, is in the show ing of actual transactions closed in one week recently: w. A. P. Mcdonald bought go lots in Eastern Extension for $10,500. He sold 54 of them for $1O, TOO, and sold the balance at an advance of $20 per foot in cost. Sam Nave and J. s. Britton bought lot in Patee's addition for W. H. Constable bought lot 3, block 54, St. Joseph Extension, for $500, and sold for $550. J. S. Blackwilder, of Chicago, bought eighty feet, southeast corner of Third and Sylvanie, for $l4,OO0, and has refused it. J. Nj. Hill paid s7ooo for northeast corner of Second and Francis, and has since refused $1S00O. c. w. Brown bought two lots St. Joseph avenue for $1,- 900, and sold in six days for $3,O00 John he paid $500; in thirty days he sold for 5000; it has since been resold for $1 1,2O0 J. F.. Tyler bought lot in Eastern Ex- tension for $125 and sold to Hubbard for E. Carter bought lot in January in Kem- per's addition for $70O. In three days after he was offered $1OO0, and since then $2O00. He bought four lots in Robidoux addition s? for s4 1000; sold for aoo s6,ooo, and M. Brewster bought three lots for $500 and sold for sl,150 in three days, and in four days they were resold for $1 400, D. | G. Griswold bought six lots in East St. Joseph for $aoo and sold the next day and resold in three weeks for $1 ,OOO,
 | One of the publishers of Hoye's Direc tory, speaking of the Western cities and the prevailing boom, writes as follows of St rectory for 1887: "Not only has St. Joseph increased in population at most satisfac tory rate, there being an increase in one year of 5, 5,S46, while the total population in round numbers is shown to be 60,00O; but she has undergone spirited revival that augurs the outstripping of all competition. Ten years ago the city had scarcely dozen manufactorles, whereas the year 'S7 finds | her with some TO of all kinds, with thirteen railroads, the largest stockyards west of Chicago, some thirteen miles of streets, paved with asphaltum, and as many miles more under contract with the electric motor soon to be in operation on two of the car lines. and the cable line an assured fact, and new enterprises springing up daily on every hand The demand for real estate has been steady and active. For the past year St. Joseph has led almost continually the other cities of the United States in bank clearances, the per cent. of increase over 1ss6 reaching in one case 14o 2, and up 9do to Down to Dec. 31, 1886, St. Joseph's job ping houses did business of $110,539,- 000 showing an increase in the business of 1886 over that of 1865 of s23, Ill, ,02s. A fair indication of the increasing business may be sought in the fact that St. Joseph now employs force of commercial travellers numbering 1,013 men.n
 St. Joseph, mora than any other West ern town, offers the best inducements to mon of small capital to commence manu- featuring business, and to mechanics and laborers to find employment and build de silable homes.